June 16, 2026
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0:20Now PlayingThames Water could be temporarily nationalised, after the Environment Secretary criticised a bailout deal for the country's largest water supplier.
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Emma Reynolds told water regulator OfWat that the ten-billion-pound proposal was not 'good enough' for consumers or the environment.
Debt-ridden Thames Water said they believe a market-led deal would be the best long-term solution.
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